Commonwealth Inclusive Growth Services Limited

Commonwealth Inclusive Growth Services Ltd. (CIGS) was established on 21st January 2008, in Chennai, India, to undertake economically viable and socially uplifting activities in the areas of banking & financial services.

CIGS’ vision of banking the unbanked and under-banked segments of the society is aligned with the Sustainable Development Goals of the United Nations and the Pradhan Mantri Jan DhanYojana (PMJDY) in India.

Board of Directors

The Board of CIGS consists of the following eminent personalities:

• Dr. Mohan Kaul, Chairman
• Mr. Mahesh Ramachandran, Managing Director& CEO
• Prof.Trichy V Krishnan, Independent Director (Marketing Professor)
• Dr. T.R. Suresh, Non-Executive Director (Practising Psychiatrist)
• Dr. T. Prabalkumari, Independent Director (Practising Psychiatrist)
• Mr. Suresh Ramamurthy, Independent Director (Practising Company Secretary)

Service Portfolio

CIGS, along with its Sec8 (earlier, Sec25) arm, Commonwealth Inclusive Growth Foundation (CIGF), has been rendering Business Correspondent Services to various Banks in India

CIGS also offers innovative technological solutions in the space of Credit Management, Retail Payment, etc., through appropriate partnership.

Key Achievements

CIGS derives the satisfaction of offering livelihood to over 3,500 families and fulfilling the financial services needs of lakhs of families.

Contact coordinates

Mr. Mahesh Ramachandran – email: ceo@cigs.in
Mr. P. Swaminathan – email: coo@cigs.in

Members Testimonials for BCFI

CIGS, one of the earliest members of BC Network Managers’ Forum, has been happy to be part of the founding members of BCFI. BCFI, over the years, has played a pivotal role in bringing together the Business Correspondent Organizations and thereby, providing a forum for the industry to represent their genuine common challenges to the authorities concerned in a coherent manner; BCFI taking up the cause of the BC industry has lent greater credence and its liaison with the Regulators and authorities have been of invaluable value to not only the Members of BCFI, but also for the Banks, Regulators and Government Agencies as well. Kudos to BCFI. As it transforms into a Self-Regulatory Organization, BCFI would play a crucial role in sustaining the growth of the industry in a healthy and viable manner.